Result of AGM

Octopus Renewables Infra Trust PLC

16 June 2023

 

16 June 2023

LEI: 213800B81BFJKWM2JV13

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

Result of Annual General Meeting

Octopus Renewables Infrastructure Trust plc is pleased to announce that, at the Annual General Meeting of the Company held at 10.00 am this morning, all resolutions, as outlined in the Notice of Annual General Meeting (the "Notice") were passed.

A poll was held on each of the resolutions set out in the Notice and the results of the poll are set out below:

Resolution	For		Against		Withheld*
	Votes	%	Votes	%	Votes
1.       To receive the Company's Annual Report and Accounts for the year ended 31 December 2022 (the "Annual Report").	340,491,906	100.00%	8,285	0.00%	17,571
2.       To approve the Directors' Remuneration Report included in the Annual Report.	340,196,384	99.94%	219,547	0.06%	101,831
3.       To re-elect Philip Austin as a director of the Company.	340,179,431	99.92%	281,475	0.08%	56,856
4.       To re-elect James Cameron as a director of the Company.	340,393,875	99.98%	66,861	0.02%	57,026
5.       To re-elect Elaina Elzinga as a director of the Company.	340,403,528	99.98%	57,208	0.02%	57,026
6.       To re-elect Audrey McNair as a director of the Company.	340,410,817	99.98%	58,544	0.02%	48,401
7.       To re-appoint PricewaterhouseCoopers LLP as auditor to the Company.	340,321,223	99.95%	173,242	0.05%	23,297
8.       To authorise the Directors to fix the remuneration of the auditor until the conclusion of the next Annual General Meeting of the Company.	340,410,156	99.98%	69,361	0.02%	38,245
9.   To authorise the Directors to declare and pay all dividends of the Company as interim dividends.	340,484,204	99.99%	19,073	0.01%	14,485
10.    To authorise the Directors to allot relevant securities under section 551 of the Companies Act 2006.	340,316,232	99.96%	150,274	0.04%	51,256
11.    To authorise the Directors to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.	340,195,937	99.92%	259,583	0.08%	62,242
12.    To approve further disapplication of pre-emption rights under sections 570 and 573 of the Companies Act 2006.	340,197,358	99.93%	251,940	0.07%	64,242
13.    To authorise the Company to make market purchases of its own ordinary shares.	339,213,908	99.62%	1,284,452	0.38%	19,402
14.    To authorise that General Meetings, other than Annual General Meetings, may be called on 14 clear days' notice.	340,197,399	99.91%	300,388	0.09%	19,975

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "For" or "Against" the resolution.

The full text for each resolution is contained in the notice of Annual General Meeting, a copy of which is available on the Company's website at www.octopusrenewablesinfrastructure.com/investors/.

In accordance with LR9.6.2R, copies of all the resolutions passed other than resolutions concerning ordinary business will be submitted to the National Storage Mechanism website and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information please contact:

Octopus Energy Generation (Investment Manager) Chris Gaydon, David Bird	Via Buchanan
Peel Hunt (Broker) Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking) Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)	020 7418 8900
Buchanan (Financial PR) Charles Ryland, Hannah Ratcliff, George Beale	020 7466 5000
Apex Listed Companies Services (UK) Limited (Company Secretary)	020 3327 9720

Notes to editors

About Octopus Renewables Infrastructure Trust

Octopus Renewables Infrastructure Trust plc is a closed-ended investment company incorporated in England and Wales focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets in Europe and Australia. ORIT's investment manager is Octopus Energy Generation. 

Further details can be found at www.octopusrenewablesinfrastructure.com

About Octopus Energy Generation

Octopus Energy Generation is driving the renewable energy agenda by building green power for the future. Its London-based, leading specialist renewable energy fund management team invests in renewable energy assets and broader projects helping the energy transition, across operational, construction and development stages. The team was set up in 2010 based on the belief that investors can play a vital role in accelerating the shift to a future powered by renewable energy. It has a 12-year track record with approximately £6.0 billion of assets under management (AUM) (as of January 2023) across 13 countries and total 3.2GW. These renewable projects generate enough green energy to power 2 million homes every year, the equivalent of taking over 800,000 petrol cars off the road. Octopus Energy Generation is the trading name of Octopus Renewables Limited.

 Further details can be found at www.octopusenergygeneration.com

Neither the content of any website referred to in this announcement nor the content of any website accessible from hyperlinks is incorporated into, or forms part of, this announcement.

 

END